Givaudan SA (OTCMKTS:GVDNY – Get Free Report) was the recipient of a significant growth in short interest in December. As of December 31st, there was short interest totalling 8,700 shares, a growth of 135.1% from the December 15th total of 3,700 shares. Based on an average daily trading volume, of 81,500 shares, the short-interest ratio is currently 0.1 days.
Analysts Set New Price Targets
Several equities analysts have commented on GVDNY shares. Citigroup lowered shares of Givaudan from a “buy” rating to a “neutral” rating in a report on Thursday, October 17th. Barclays lowered shares of Givaudan from a “hold” rating to a “strong sell” rating in a research report on Friday, November 15th.
Check Out Our Latest Research Report on GVDNY
Givaudan Trading Up 1.2 %
About Givaudan
Givaudan SA manufactures, supplies, and sells fragrance, beauty, taste, and wellbeing products to the consumer goods industry. The company operates through divisions, Fragrance & Beauty, and Taste & Wellbeing. The Fragrance & Beauty division offers fine fragrances; consumer products, such as personal, home, fabric, and oral care; fragrance ingredients; and active beauty products.
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